The president of the European Commission (EC), Jose Manuel Durao Barroso, has emphasised that the fight against environmental deterioration of the oceans and seas is an urgent matter and that Brussels will impose new measures in the case that the current policies are insufficient or inefficient.
The world's largest jetliner made aviation history Thursday, completing its first commercial flight from Singapore to Sydney with 455 passengers, some of them ensconced in luxury suites and double beds.
China last August became the world's leading exporter overtaking Germany, according to information from the World Trade Organization. China's exports totaled 111.4 billion US dollars and the until that moment leader, 105.8 billion.
For the second year running London is Europe's top city in terms of prospects for economic growth in an overall outlook for European property which is described as good despite the credit crisis, according to the ninth European regional Economic Growth Index released Tuesday by LaSalle Investment Management.
The European Union's top immigration official on Tuesday launched EU's biggest global job advertising blitz, presenting plans to set up a US-style green card job program to lure highly skilled workers to fill ever-increasing gaps across the 27-country bloc.
The cruise industry is booming and two huge new generation vessels with capacity for 5.400 passengers each are scheduled to be delivered in 2009 and 2010, ordered by Royal Caribbean Cruises Ltd, RCCL, reports Finland's Aker Yards.
Ireland and Spain face a prolonged slowdown in economic growth because of a drop in construction activity and consumer sentiment which have begun to have an impact on labor markets and weakens public finances according to the US risk ratings agency Standard & Poor's.
China is en route to become the world's second largest consumer market by 2015 following unprecedented growth several times faster than in developed countries during the last four decades, according to a report released by Boston Consulting Group.
October 19, two decades ago Alan Greenspan was fresh in the job, only two months before he had been named chairman of the Federal Reserve and that Monday was flying for a bankers conference to Dallas, Texas.
The International Monetary Fund should step up its surveillance of the United States and other advanced economies in light of the global credit crisis shaking world markets, the Group of 24 developing countries said Friday in Washington.